IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI Dated the 18^th day of March, 2025 PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON RA (SA) 39/2020 (arising out of SA 195/2018 on the file of DRT-III, Chennai)

Between

1. Mr. P. Soundarajan S/o Purushotaman, No.37/169, 1^st Floor, Thiruvalluvar Street, East Tambaram, Chennai 600 059. 2. Mrs. S. Radha, W/o P. Soundarajan, Thiruvalluvar Street, East Tambaram, Chennai 600 059.

…..Appellants And The Authorised Officer, Tamilnad Mercantile Bank Limited, Chitlapakkam Branch, No.46/87, 1^st Floor, Gayatri Nagar, Hasthinapuram, Chitlapakkam, Chennai 600 064.

…..Respondent Bank Counsel for Appellants : Shri D. Murugan Counsel for Respondent Bank : Shri E. KUmar

ORDER

1. This appeal is filed under Section 18 of the SARFAESI Act, challenging the order passed in SA No.195/2018 by Learned Presiding Officer, DRT-III, Chennai on 15.2.2019.

2. SA No.195/2018 was filed challenging the Sale Notice dated 19.6.2018 fixing the sale on 27.7.2018. Learned Presiding Officer, DRT-III, Chennai, after enquiry found that appellants have not established any infirmity in the procedure adopted by the respondent bank, while issuing the impugned sale notice and